---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-031771"
form_type: "8-K"
ticker: "GNSS"
cik: "0000924383"
company_name: "Genasys Inc."
filed_at: "2026-01-30T23:59:59+00:00"
generated_at: "2026-05-16T06:13:32.384769+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Genasys sets CEO Danforth's FY2026 pay: $490K salary, 400K RSUs, performance bonus tied to revenue, ARR, debt

## Summary
- Base salary $490,000; target cash bonus equal to 100% of base salary with max $784,000.
- Grants 200,000 time-based RSUs (vest: 67,000 Dec 2026, 133,000 Dec 2027) and 200,000 performance-based RSUs.
- Cash bonus metrics: revenue (30%), ARR (30%), debt repayment (40%); thresholds at debt met or 85% revenue / specified ARR.
- Performance RSUs vest only if debt repayment achieved and revenue and ARR at 95%+ of target; max 200,000 shares.
- Cancels prior performance-based options to purchase 800,000 shares granted to Danforth on October 8, 2022.

## SEC filing metadata
- accession: 0001193125-26-031771
- form_type: 8-K
- ticker: GNSS
- cik: 0000924383
- company_name: Genasys Inc.
- filed_at: 2026-01-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924383/000119312526031771/0001193125-26-031771-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924383/000119312526031771/gnss-20260126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-031771
- JSON: https://secwatch.observer/filing/0001193125-26-031771.json
- Plain text: https://secwatch.observer/filing/0001193125-26-031771.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.